Many Internet intermediaries operate two-sided networks, that is, they provide platforms to bring together two types of participants, or quot;sides,quot; such as buyers and sellers. This paper develops a model that characterizes the intermediary's pricing in two-sided networks, the value created...

Multivariate Time Series plays a major part in statistics, signal processing, pattern recognition, econometrics, weather forecasting and earthquake prediction etc. It is very tedious task to select the appropriate technique to visualize the high-dimensional data in order to get insight or...

This chapter discusses the relevance of Tocqueville's insights about the importance of civil society, as a foundation for democracy and as a counter-force to both government and market power, in the context of the challenges and opportunities created by the internet. What role does civil society...

The empirical framework exists to test the proposition, “Does the extent of blockchain openness positively affect the willingness to adopt a platform?” We can compare a partially open blockchain like EOS with a more open platform like Ethereum. Both fund-raised by issuing cryptocurrencies...

The purpose of this chapter is to lay the groundwork for a comprehensive theoretical investigation of open platform systems. To do this, we must first recognize that, although there is a strong family resemblance among all platform systems, there are different types of platforms, each with its...

The purpose of this chapter is to investigate the means by which firms capture value in open platform systems. I begin by arguing that the surplus value created by complementarities within a technical system will be split among the owners of the unique and essential components—the strategic...